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Global Trade Woes Grounded Air Freight Growth in 2018

When it’s deliver-or-die, supply chains become the lifeblood of a company. To that end, the fashion industry has embraced technology to navigate today’s hyper-complicated supply chain, with myriad solutions shaping the first, middle and last mile. Call it Sourcing 2.0.

Sealed by a softening in cargo shipments in December, global air freight demand grew 3.5 percent in 2018 compared to 9.7 percent growth recorded in 2017, the International Air Transport Association (IATA) reported. Freight capacity rose 5.4 percent in 2018, outpacing annual growth in demand and exerting downward pressure on the load factor but yields…

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